Biz Break: Brisbane biotech bought for $1.1 billion as boom barrels on

March 31, 2015 12:28 AM

56 0

Today: The hot market for biotech mergers continues with the $1.1 billion purchase of Brisbane-based Hyperion Therapeutics, which wasn't even the biggest deal of the day. Also: Tesla Motors gains after CEO Elon Musk teases a new offering.

Silicon Valley's biotechnology companies continue to command billions -- and receive them -- as large pharmaceutical companies look to add potential blockbuster drugs to their lineups, with Hyperion Therapeutics the latest to take advantage.

Read more

To category page